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ECB's Centeno Urges Prudence on Rates as Inflation Nears 2%.
In: Bloomberg.com, 2024-06-15, S. N.PAG
Online
serialPeriodical
Zugriff:
Mario Centeno, a member of the European Central Bank's Governing Council, has emphasized the need for caution when adjusting interest rates to avoid either stimulating or constraining the economy. He stated that the ECB will closely monitor inflation data and the impact of looser monetary policy on the economy before making any further rate cuts. While some policymakers have hinted at a pause in July and a potential reduction in September, Centeno stressed the importance of being data-dependent. He also expressed optimism about the European job market, noting that the creation of new jobs and increased mobility have contributed to productivity. [Extracted from the article]
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ECB's Centeno Urges Prudence on Rates as Inflation Nears 2%.
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Autor/in / Beteiligte Person: | Randow, Jana ; Kuzmanovic, Jasmina |
Zeitschrift: | Bloomberg.com, 2024-06-15, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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